Saudi Arabia's Transport General Authority said it has mobilised a fleet of over 500,000 trucks to ensure uninterrupted freight movement and supply chain continuity across the country and the wider Gulf region, with the land transport system serving as a vital link between ports, airports and logistics zones.
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More than 1.4 million passengers were served through the UAE's airports between March 1 and 12, said the UAE General Civil Aviation Authority (GCAA).
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US President Donald Trump said on Friday American forces had destroyed military targets on Iran’s Kharg Island, Tehran’s main oil export terminal, while warning he could also target the island’s petroleum infrastructure if Iran or its allies continue threatening shipping through the Strait of Hormuz, sending fresh tremors through oil markets.
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Shipping disruptions through the Strait of Hormuz, one of the world’s busiest maritime corridors, are sending ripple effects far beyond the Middle East, threatening energy markets, freight costs and global supply chains, a United Nations Conference on Trade and Development (UNCTAD) study has warned.
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Markets are facing a 'double whammy' of energy volatility and trade tensions flaring up again, says a financial expert amid escalating conflict involving Iran, while the Trump administration simultaneously launches sweeping new trade investigations targeting many of the world’s largest economies.
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Wynn Resorts has said that construction work on the Wynn Al Marjan Island, its resort under development in Ras Al Khaimah, UAE, has resumed following a short pause.
Arada has awarded two contracts for the next set of 2,210 homes in Sharjah’s AED35 billion Aljada megaproject. Collectively valued at AED2.04 billion ($555.48 million), the deals cover main construction activities across 14 residential blocks.
DP World today announced record financial results for 2025, with revenue up 22% to $24.4 billion, and adjusted EBITDA up 18% to $6.4 billion (margin 26.3%), driven by strong performance across Ports & Terminals and Logistics.
The escalating conflict in the Middle East is costing the region’s Travel & Tourism sector about $600 million a day in lost international visitor spending, as disruptions to air travel, declining traveller confidence and weakened regional connectivity begin to hit demand, according to the World Travel & Tourism Council (WTTC).
Oil prices jumped on Thursday as Iran stepped up attacks on oil and transport facilities across the Middle East, raising fears of prolonged disruptions at the Strait of Hormuz.
Shipping across the Gulf and the strategic Strait of Hormuz remained severely disrupted as attacks on commercial vessels intensified amid the conflict between Iran and US–Israeli forces.
The Central Bank of Bahrain (CBB) affirmed that the kingdom’s banking and financial sector continues to operate at the highest levels of readiness amid the current regional developments and the repercussions of the Iranian aggression taking place in the region.
In the Strait of Hormuz, hundreds of ships appear on maps where they should not exist. GPS signals that tankers rely on to navigate safely are being scrambled, revealing a new battlefield of invisible electronic warfare. What was once a tool for convenience has become a potential hazard, says an expert.
Ras Al Khaimah Economic Zone (Rakez) has expanded its self-storage offering amid growing demand from individuals and businesses seeking secure and flexible storage solutions in the emirate. These units, located at Al Hamra Industrial Zone, are designed to cater to a variety of storage needs.
Naffco Group, a global leader in safety engineering and life protection solutions based in Dubai, has announced a strategic joint venture with Finland-based Verona Shelters Group to develop and manufacture advanced civil defence and military shelter solutions for international markets.
India is pressing Iran to allow more Indian-bound vessels through the Strait of Hormuz after Tehran permitted two Indian-flagged liquefied petroleum gas (LPG) carriers to cross the strategic waterway, as New Delhi seeks to ease mounting energy supply risks from the Gulf conflict.
Leading Indian carriers Air India and Air India Express are jointly operating a total of 80 scheduled and non-scheduled flights to and from the West Asia region. Both these carriers continue to operate their respective scheduled services to and from Saudi port city Jeddah and Omani capital Muscat.
Joramco, the Amman-based aircraft maintenance, repair and overhaul (MRO) facility and a unit of Dubai Aerospace Enterprise, has renewed its agreement with Indian carrier IndiGo. The scope of work includes performing C-checks, lease return work and aircraft paint jobs on IndiGo’s A320neo fleet.
Shipping disruptions through the Strait of Hormuz, one of the world’s busiest maritime corridors, are sending ripple effects far beyond the Middle East, threatening energy markets, freight costs and global supply chains, a United Nations Conference on Trade and Development (UNCTAD) study has warned.
The King Salman Park Foundation has awarded a major development contract for a mixed-use district being set up in Riyadh’s King Salman Park to a consortium led by Kolaghassi Development Company. The premium Metro-linked district is being developed at an investment of SAR11 billion ($3 billion).
The United Nations Children’s Fund (UNICEF), in partnership with MBRGI and the Children’s Investment Fund Foundation (CIFF), has announced a major new $300 million partnership to help save 3 million children from malnutrition.
Dubai-based Union Properties has sealed a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Industrial Liaison Programme in a move aimed at developing future-oriented models to help accelerate technology-led transformation in real estate.
Dubai International Financial Centre (DIFC) has announced the successful completion and phased handover of DIFC Square ahead of schedule. Spanning over 600,000 sq ft, the development forms an ensemble of three interconnected glass façade buildings with dedicated parking facilities and retail spaces.
Standard Chartered Bahrain has confirmed that its operations across the Kingdom remain fully functional and continue to run at full capacity.
In the Strait of Hormuz, hundreds of ships appear on maps where they should not exist. GPS signals that tankers rely on to navigate safely are being scrambled, revealing a new battlefield of invisible electronic warfare. What was once a tool for convenience has become a potential hazard, says an expert.
Abu Dhabi’s Integrated Transport Centre (ITC), an affiliate of the Department of Municipalities and Transport, has announced the expansion of the commercial operations of autonomous taxi services on Yas Island.
Kuwait has banned holding social gatherings, weddings and plays during Eid al-Fitr period, citing security concerns.
Qatar has strengthened its strategic food security and the reserves are sufficient to cover the country's needs for 18 months, said Interior Minister Sheikh Khalifa bin Hamad Al Thani.
